The Sri Lanka fund is an open ended Fund denominated in US Dollars which primarily invests in equities and other equity linked securities with exposure to the Sri Lankan market. It is an exempt Company with limited liability incorporated in the Cayman Islands. The Fund is designed to enable non-Sri Lankan institutional and individual investors to invest in Sri Lanka. It is also open to non resident Sri Lankans.It is registered with the Singapore Monitory Authority as a restricted foreign scheme.

The Sri Lanka Fund’s investment objective is to achieve capital growth by investing in a diversified portfolio consisting primarily of high growth equities and equity linked securities, including convertible bonds and warrants, listed on the Colombo Stock Exchange (CSE). It can also invest in equity securities issued by listed companies and funds (wherever established) which invest primarily inequity issued by Sri Lankan companies listed on the CSE.

Fund Information

Name of the fund – The Sri Lanka FundFund Structure – Open Ended FundLegal Entity – Limited Liability CompanyDomicile – Cayman Island and registered as a restricted foreign scheme with the Monetory Authority of SingaporeDate of Inception – 21st October 1993, change of name – 23rd October 2000Regulated by – The Cayman Island Monetary AuthorityListing – The Fund is at present not listed

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Promoted by the largest listed equity fund in Sri Lanka - Ceylon Guardian Investment Trust PLC (CGIT). CGIT is 67% held by Carson Cumberbatch PLC a listed Sri Lankan conglomerate with business interests in oil palm plantations, brewing, investments, real estate and leisure sectors, spanning across South and South East Asia.

Currently Carsons is among the top ten capitalized companies on the Colombo Stock Exchange and together with its subsidiaries accounts for 10% of total market capitalization.